Quarterly report pursuant to sections 13 or 15(d)

INVESTMENT IN AL MASANE AL KOBRA MINING COMPANY (AMAK) (Tables)

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INVESTMENT IN AL MASANE AL KOBRA MINING COMPANY (AMAK) (Tables)
3 Months Ended
Mar. 31, 2013
INVESTMENT IN AL MASANE AL KOBRA MINING COMPANY ("AMAK") [Abstract]  
Equity in Income or Loss of AMAK Reflected on Consolidated Statement Of Operation
The equity in the income or loss of AMAK reflected on the consolidated statement of income for the quarters ended March 31, 2013, and 2012, is comprised of the following:

   
2013
   
2012
 
   
(Thousands of Dollars)
 
Company's share of income (loss) reported by AMAK
  $ -     $ (213 )
Additional adjustment from the 2012 AMAK Audited Financials
    (39 )     -  
Amortization of difference between Company's investment in AMAK
               
  and Company's share of net assets of AMAK
    337       -  
Equity in income (loss) of AMAK
  $ 298     $ (213 )